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2016
Flag → Flag
Exports $10.9kRnk 119 / 0
2016
Flag → Flag
Exports $1.86MRnk 130 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Armenia-Benin Trade: In 2016, Armenia exported $10.9k to Benin. The main products that Armenia exported to Benin were N/A. Over the past 5 years the exports of Armenia to Benin have decreased at an annualized rate of 30.8%, from $69k in 2011 to $10.9k in 2016.

In 2016, Armenia did not export any services to Benin.

Benin-Armenia In N/A, Benin did not export any products to Armenia.

In 2016, Benin did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Armenia exported $10.9k to Benin. There were not main exports from Armenia to Benin in 2016. During the last 5 years the exports of Armenia to Benin have decreased at an annualized rate of 30.8%, from $69k in 2011 to $10.9k in 2016.

Benin does not register exports to Armenia.

Exports from Armenia (Flag) to Benin (Flag) (2020)

Exports from Benin (Flag) to Armenia (Flag) (2020)

Latest Data

Trade between Armenia (Flag) and Benin (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Benin
Top DestinationIndia$448M

This map shows whether countries import more from Armenia or Benin. Each country is colored based on the difference in imports they receive from Armenia and Benin or the difference in the growth in imports.

In 2022, countries that imported more from Armenia than Benin included Russia ($2.36B), China ($420M), and Georgia ($260M).

In 2022, countries that imported more from Benin than Armenia included Bangladesh ($406M), India ($448M), and Egypt ($41.7M).

Difference in imports from Benin (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Benin

Flow
Scale

This chart compares trade between Armenia and Benin by product, considering products traded by both, Armenia and Benin.

During 2016, Armenia had a large net trade with Benin in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Benin+$2.23kCars
Top Product Potential Benin Armenia+$2.58kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Benin. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Benin (Flag) (2020)

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